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New Deal


Announced

Completed

CFS Brands completed the acquisition of The Foodware Group from Olympus Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

foodservice industry

manufacturer

Food Retailers and Wholesalers

Acquisition

Domestic

Majority

Private

United States

Completed

Single Bidder

Private Equity

Synopsis

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CFS Brands, a manufacturer of products for the foodservice, healthcare, and janitorial industries, completed the acquisition of The Foodware Group, end-to-end provider of supplies to the foodservice industry, from Olympus Partners, a private equity firm. Financial terms were not disclosed. "The acquisition of The Foodware Group is a transformational opportunity for CFS Brands. The Foodware Group joins a portfolio of businesses and brands that are leaders in their respective markets. CFS Brands and TFG are a great fit, and together we will build on our combined strengths and shared values to continue our track record of sustainable growth and exceptional results. We are excited to work with the leadership team at The Foodware Group, and we welcome all TFG employees to CFS Brands," Trent Freiberg, CFS Brands CEO.

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